(1) A permit to engage in the practice of public accountancy in this state shall be issued by the Oregon Board of Accountancy biennially to an applicant who is:
(a) A holder of the certificate of certified public accountant issued under ORS 673.040 to 673.075; or
(b) A public accountant licensed under ORS 673.100.
(2) The board by rule shall cause all permits issued under this section to be renewed biennially.
(3) Applications for permits or for renewals of permits may be submitted to the board on a form prescribed by the board within such time periods as the board prescribes by rule. Applications for permits or for renewals of permits shall be accompanied by a fee determined by the board by rule.
(4) Applications for renewals of permits shall be accompanied by evidence satisfactory to the board that the applicant has complied with continuing education requirements under ORS 673.165 unless those requirements have been waived by the board.
(5) A permit that is not renewed by the close of the permit period may be restored upon payment to the board of a delinquent renewal fee in an amount determined by the board by rule. Any permit that is not renewed within 60 days after the close of the permit period for which it was issued or renewed shall lapse. The board may restore a lapsed permit upon payment to it of all past unpaid renewal fees and the delinquent renewal fee. However, the board may restore a permit issued or renewed for a permit period that ended more than five years prior to the date of the application for restoration only upon demonstration satisfactory to the board that the applicant is qualified to engage in the practice of public accountancy.
(6) Notwithstanding subsection (3) of this section, the board may by rule prescribe a reduced fee for renewal of permits of those certified public accountants and public accountants who have reached the age of 65 years. [Amended by 1971 c.217 §4; 1973 c.782 §1; 1975 c.438 §3a; 1975 c.440 §12; 1977 c.873 §6; 1981 c.89 §9; 1985 c.605 §7; 1991 c.187 §7; 1993 c.193 §3; 1999 c.322 §11; 2001 c.638 §6]
Section: Previous 673.120 673.130 673.132 673.134 673.136 673.138 673.140 673.150 673.153 673.160 673.165 673.170 673.173 673.175 673.180 NextLast modified: August 7, 2008